Friday, May 25, 2007

*Links updated 5/26Eighty-one of the 252 editorial staffers will be eligible for a buyout, but the company says it needs to cut only 10 in an action that "is one of many being taken this spring in News and other departments to cut expenses and bring in new revenue, as we work to offset advertising shortfalls."

Those receiving the offer are: copy editors with more than 14 years of service; metro and state reporters II and III with more than six years of service, excluding columnists and investigative team members; state and metro origination editors in grades 12 and 14 and bureau chiefs, excluding Washington; and sports reporters with more than 18 years of service.

The package offer is the same as has been offered at other Tribune newspaper properties.

How is the new Tribune going to make enough money to cover it's enormous debt payments if the old Tribune continues to eliminate the very people who provide the content for it's news products?

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